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Investment Highlights
- Executive office building in a quiet, professional setting.
- Opportunity to lease the remaining available suites and increase Net Operating Income (NOI).
- Conveniently located with easy access to Interstate 20, shopping, restaurants, and business services.
- Fully Furnished Executive Office Suites – Attractive to professional tenants and ready for immediate occupancy.
- Ideal for attorneys, accountants, insurance agencies, consultants, real estate professionals, financial service firms, medical professionals.
Executive Summary
Acquire a well-maintained executive office building offering immediate cash flow with significant value-add potential. Located in a quiet, professional business setting, this property is an excellent opportunity for investors seeking stable rental income and future appreciation.
Property Features
* Executive office building in a quiet, professional setting
* 70% Occupied – Immediate rental income
* Fully Furnished Executive Office Suites – Attractive to professional tenants and ready for immediate occupancy
* Opportunity to lease the remaining available suites and increase Net Operating Income (NOI)
* Ideal for attorneys, accountants, insurance agencies, consultants, real estate professionals, financial service firms, medical professionals, and other office users
* Conveniently located with easy access to Interstate 20, shopping, restaurants, and business services
Property Features
* Executive office building in a quiet, professional setting
* 70% Occupied – Immediate rental income
* Fully Furnished Executive Office Suites – Attractive to professional tenants and ready for immediate occupancy
* Opportunity to lease the remaining available suites and increase Net Operating Income (NOI)
* Ideal for attorneys, accountants, insurance agencies, consultants, real estate professionals, financial service firms, medical professionals, and other office users
* Conveniently located with easy access to Interstate 20, shopping, restaurants, and business services
Property Facts
Sale Type
Investment
Property Type
Building Size
3,977 SF
Building Class
C
Year Built
1986
Price
$425,000
Price Per SF
$106.86
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,977 SF
Building FAR
0.31
Lot Size
0.29 AC
Zoning
ID PUD - planned urban development
Parking
8 Spaces (2.01 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | C12-0-01-012E | Improvements Assessment | $74,480 |
| Land Assessment | $0 | Total Assessment | $74,480 |
Property Taxes
Parcel Number
C12-0-01-012E
Land Assessment
$0
Improvements Assessment
$74,480
Total Assessment
$74,480
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1281-1283 Parker Rd SE
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